{"Slug":"house-25-ontario-avenue-corio-vic-3214-2","CanonicalUrl":"https://realsearch.com.au/house-25-ontario-avenue-corio-vic-3214-2","Address":"25 Ontario Avenue, Corio, Vic 3214","Suburb":"Corio","State":"VIC","Postcode":"3214","PropertyType":"House","Status":"For Sale","Headline":null,"Description":"Set on a generous 702m² (approx.) allotment, this solid concrete home offers an outstanding opportunity for investors, developers, or buyers looking to secure a property with plenty of future potential.Known for its durability and long-lasting construction, the home features three well-sized bedrooms, a central bathroom, and a comfortable living and kitchen area. A double car space provides secure parking and added convenience.Currently tenanted on a periodic lease at $300 per week, the property provides immediate rental income with the flexibility to increase the rent, move in, renovate, or explore future development opportunities (STCA).With a rental appraisal of $420 – $440 per week, this property presents strong potential to improve returns. Additionally, plans and permits were previously issued on 22/03/2022 (buyers should conduct their own due diligence regarding current validity).Whether you are looking to invest, landbank, develop, or create your ideal home, this property offers incredible flexibility in a growing Corio location.Key Features- 3 spacious bedrooms- Central bathroom- Solid concrete home built to last- Comfortable living and functional kitchen area- Double car space- Generous 702m² (approx.) block- Currently leased at $300 per week (periodic lease)- Opportunity to increase rental return- Rental appraisal: $420 – $440 per week- Potential development opportunity (STCA)Due diligence checklist: http://www.consumer.vic.gov.au/duediligencechecklist.Disclaimer: All stated dimensions in the content and photos are approximate only.Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"$579,000 - $629,000 Plans Permit Approved x4 Units"},"Bedrooms":"3","Bathrooms":"1","Parking":"2","Features":[{"Name":"Bedrooms","Value":"3"},{"Name":"Bathrooms","Value":"1"},{"Name":"Carports","Value":"2"},{"Name":"Area","Value":"701 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-38.08026185,"Longitude":144.35962092,"Agent":{"Name":"Ali  Bandari","CanonicalUrl":"https://realsearch.com.au/ali-bandari-real-estate-agent-from-area-specialist-geelong-city-geelong"},"Agency":{"Name":"Area Specialist Geelong City - GEELONG","CanonicalUrl":"https://realsearch.com.au/area-specialist-geelong-city-geelong"},"CreatedAt":"2026-03-17T07:09:01.5396527","UpdatedAt":"2026-03-17T07:09:01.614165"}